Kudoti for Enterprise: Sustainability Data Platform
An effective supply chain platform for data capturing on traceability and sustainability with incredible features:
Regulatory & certificationcompliance
Fully customised data inputs andprocess flows to meet regulatoryand compliance requirements.
Traceability & supply chain datacollection interfaces
User-friendly interfaces designed specifically for suppliers to efficiently capture data.
Reverse supply chain management & optimisation
Order planning and inventorymanagement for optimising reversesupply chain activities.
Product & material lifecyclemanagement
Effectively monitor and track the movement and transformation of goods from their origin to the final destination.
Tracking and improving supplier performance
Understand the supplier's standpoint and assess their commitment to sustainable practices.
Client and Consumer Engagement
Wallets and rewards mechanisms for engaging and incentivising consumer behaviour.
Kudoti Customer Story
Heineken + Distell
Goal:● To maximise the efficient return of used glass bottles in order to wash and reuse them again through a reverse supply chain approach
Challenges:● Lack of visibility over location of empty bottles● Lack of coordination of value chain stakeholders to optimise bottle returns
Kudoti Approach:● Onboarding all value chain stakeholders (taverns, distributors, informal & formal waste collectors, collection points, logistics partners) into a single environment to gain real-time visibility over bottle locations● Enable planning of bottle collections and returns through multi-stage supply chain process with real-time visibility and reporting of outcomes
Sustainability is a Risk for all industries.
Insufficient & inaccurate sustainability data puts businesses at risk of image damage, government fines and increased costs. It is imperative for companies to recognise the criticality of having accurate, verifiable and comprehensive sustainability data. The repercussions of lacking or inadequate data can be detrimental to a company's success. Here is why:
Growing regulation
Companies are facing a thrilling wave of change as laws like EPR (Extended Producer Responsibility), EU Taxonomy & CSRD (Corporate Sustainability Reporting Directive), and ESG reporting push them to tackle their waste head-on, and with a sense of urgency.
In the United States alone, companies were slapped with a staggering $100 billion in tax and legal liabilities last year for their waste. This astronomical figure highlights the pressing need for businesses to take immediate action.
Untapped commercial opportunities
The circular economy is an incredibly exciting concept that offers businesses a remarkable chance to not only boost their financial prosperity but also make a positive impact on the environment, society, and governance.
It is projected that by the year 2020, various product segments within the European circular economy will experience an impressive annual growth rate of approximately 10 to 15%. This growth will culminate in a staggering value range of €400 billion to €650 billion.
Furthermore, it is disheartening to note that globally, there is an astonishing loss of material value amounting to over $650 billion each year.